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$3,295,000

For Sale

A day ago

1434 14Th St, Santa Monica, CA

House

MLS® 26841783

3 Bed

2 Bath

1536 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1536 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $2,145
MLS® Number 26841783

Property Address: 1434 14th St, Santa Monica, CA, 90402

Average square foot calculated using Size range provided by listing agent.

Description

A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7, 500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 11, 444 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.
MLS® Number26841783
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
DrivewayUncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$3,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
1434 14Th St, Santa Monica, CA

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